The drop caused by liquidity exhaustion is deadly. Over the past couple of days, Taco has held back every person wanting to buy the dip, not purchasing a single coin or adding to any position. Ethereum has broken below the low of 3400 on October 10th, heading straight for 3100. Even worse news is that the drop over the past two days has not seen an increase in volume. Ethereum is currently above 3000, with 3080 as a support level. If this position breaks, we will see Ethereum around 2800.
Bitcoin has also broken the 100,000 mark, falling to five digits. This trend is extremely concerning. The market on October 10th took half a month to recover; how much time will this latest drop require for recovery? During this time of overall low sentiment, various negative news continues to come in.
In such a market, I recommend buying OG near 12. It has not been affected by the overall market at all. The reverse growth has brought us returns that are already better than the vast majority of the market.
In such a market, don't think about trying to catch the bottom; focusing on self-preservation is the most crucial matter. Having capital means there are infinite possibilities. After a crash, more opportunities will be hidden. Therefore, continue to wait; do not buy any coins and patiently await a stable opportunity.
